I don't think there could be any worst challenges for bitcoin and crypto when we have the pandemic in 2020. But as you can see we continue to thrive on those times even hitting new all time high in 2021.

For 2022, it was indeed a bear market, we've seen lowest low of $15,500 but I will say it's the normal process as after a huge bull run, the market will go on a very difficult bearish trend and up to this day 2023, we are still in the bear market although we have significantly bounce back from the bottom last year.

As far as regulations goes, it has been with us since the bull run of 2017, every government and global agency are our tail, but they can't stop the growth of crypto.